ChargePoint (CHPT) and General Motors (GM) are teaming up to install hundreds of new el🅺ectric vehicle chargers, the companies announced Wednesd🌟ay.

ChargePoint and GM said they will make and install up to 500 new EV chargers, which will be branded as GM Energy chargers, at a number of "strategic locations" across the U.S.

The new charging s☂tations are expected to become aꦛvailable to the public by the end of next year.

More 'Ultra-Fast Charging' Coming for EV Owners

“Continuing to provide customers with better charging options helps to remove barriers to EV adoption and improve the ownership experience," GM Energy Vice President Wade Sheffer said in a release. “With ultra-fast charging, Omni Port technology, and excellent customer experiences, this collaboration should be another reason why EV drivers and the EV-curious should be excited.”

The companies said the chargers would come with two different charging ports, including the 澳洲幸运5官方开奖结果体彩༒网:North American Charging Standard (NA🍎CS) charger created by EV maker Tesla (TSLA). That means that the chargers can be used by a wide array of EVs without needing an adapter that some 澳洲幸运5官方开奖结果体彩网:companies have said Tesla has been slow to provide after a slew of 澳洲幸运5官方开奖结果体彩网:carmaker partnership agreements last year.

ChargePoint and GM shares rose in early trading Wednesday after the announcement, before paring back gains later in the session. ChargePoint shares finished Wednesday's session flat at $1.16, while GM shares fell 1% to $49.99.